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Why Cal-Maine Foods Stock Was Sliding This Week

TheMotleyFool

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Why Cal-Maine Foods Stock Was Sliding This Week: https://g.foolcdn.com/editorial/images/714744/eggs-from-chicken-farm-in-the-package.jpg

Shares of Cal-Maine Foods (NASDAQ: CALM) were moving lower this week after the country's largest egg producer reported strong growth in its fiscal second quarter but missed earnings estimates.

As a result, the stock was down 16.4% for the week through Thursday, according to data from S&P Global Market Intelligence, with the bulk of those losses coming on Thursday after the earnings report came out.

Image source: Getty Images.

Source Fool.com

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